Despite the uncertainty and cautious sentiment that’s as palpable as a wet dog in a small room, long-term holders and institutional flows continue to provide a foundation for Bitcoin’s price stability. While short-term corrections remain possible-because let’s face it, Bitcoin loves a good plot twist-the broader market remains optimistic that BTC is preparing for another leg higher. Or perhaps it’s just lacing up its boots for a marathon.🏃
Listed on Binance and Bitget on the 20th of August, this $71 million darling has been the belle of the ball, gaining nearly 80%. Coinbase, Kraken, and Kucoin have also thrown open their doors, making this token as accessible as a cocktail party in Mayfair. 🍸 And did I mention? 75% of the tokens are still locked post-TGE, keeping the supply as tight as a Noël Coward one-liner.
In a recent post, the illustrious Daan Crypto Trades, a full-time crypto trader and investor with a flair for the dramatic, pointed out that our friend Bitcoin is currently sitting right atop this mystical Bull Market Support Band. This level has been hailed as one of the most trustworthy high-timeframe momentum indicators, kind of like the North Star for crypto traders. 🌟
Lee, ever the believer, suggests that the recent lull in Bitcoin’s price is merely a hiccup, a result of the Federal Reserve’s stubbornness in cutting interest rates. Meanwhile, Schiff, pointing to the robust rally of gold, which has climbed a staggering 10% over the last two months, warns that Bitcoin’s failure to follow suit is a red flag. “Markets are forward-looking,” Schiff muses, suggesting that the precious metal’s ascent is a harbinger of easier monetary policy to come. But Bitcoin, it seems, is not getting the memo.
Our man Popeye, sharp-eyed like a hawk on the hunt, points out Dogwifhat’s caught between the hammer and the anvil-$0.80 holding firm like an honest farmhand, $1.40 looming like a fancy city gate. On the 4-hour clock, the price circles ‘round $0.90 like a wary coyote sizing up the herd, this blue line its no-man’s-land, a final stand. If the little critter dares test that line and holds, maybe it’ll dash toward $1.10 and a brighter dawn. But if it stumbles, it’ll probably skulk back to the shadows, licking its wounds.
And if that wasn’t enough to make your brain spin, the company also boasts an additional 192 Bitcoin. No big deal, right? Well, those coins are valued at $112,326 each. Can you imagine the amount of coffee you could buy with that kind of cash? Just don’t ask how many years it would take to sip it all, because the answer’s probably “a lot.” ☕💸
HYPE is basically auditioning for its own reality show called *Crypto Price Discovery: The Breakout Edition*. Greeny’s daily chart shows an ascending triangle forming, where the price keeps flirting with the horizontal top like it’s playing hard to get. Each retest comes with stronger participation, meaning buyers are showing up like they’re trying to win prom king. 👑 If this thing breaks out cleanly, buckle up because we’re looking at potential all-time highs. Just don’t forget your seatbelt-or your stop-loss.
In a dazzling 24-hour period, the Aethir (ATH) token reached an intraday high of $0.045, leaping from a low of $0.030 to a staggering peak of $0.04437 across exchanges. Talk about a rapid ascension! By the time I was composing this – and yes, it takes time, don’t judge me – Aethir was still sitting pretty around $0.042, which was the highest it had been since that triumphant peak of $0.041 on June 16, 2025. How high can this fly, you ask? Well, time will tell.
Bitcoin (BTC), that noble and unpredictable creature, has risen by 1.35% since yesterday. A modest triumph, one might say, yet in the world of crypto, even the smallest of gains is a cause for jubilation. 🎉
The latest rally has sent bearish traders scattering like roaches under a sudden light, their liquidations a tragicomic spectacle. Coinglass reports $119,000 in SHIB positions liquidated in 24 hours, with short sellers taking the brunt-$115,000 in losses. One can almost hear their wails echoing through the digital ether. Open interest swelled to $179 million, and trading volume spiked, fueled by the burn rate’s meteoric rise to 1.24 million tokens. Yet, for all this fervor, the tokens burned on Monday were a mere $15 million, a drop in the ocean of its $7.2 billion market cap. A deflationary dream, perhaps, but one built on sand.